Worldwide Smart Hospital Industry to 2026 - Modernization of Healthcare Infrastructure is Driving Growth - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Smart Hospital Market (2021-2026) by Components, Services Rendered, Application, Connectivity, Artificial Intelligence, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Smart Hospital Market is estimated to be USD 27.6 Bn in 2021 and is expected to reach USD 82.89 Bn by 2026, growing at a CAGR of 24.6%.

Factors such as technological advancements, increased healthcare spending, a sedentary lifestyle, more awareness, and a high acceptance rate of new technologies are driving the growth of the global smart hospital market. The increasing rise in chronic illnesses such as diabetes and cardiovascular disease, particularly in industrialized nations, has dramatically increased the demand for healthcare solutions in recent decades.

Hospitals are under pressure to make the best use of staff, handle increased demand, deliver the greatest services, and reduce maintenance costs all at the same time, which opens the door for IT firms to enter the market. However, a few factors hindering the market include the expensive cost of linked devices and a lack of knowledge about new technologies like the internet of things.

Rising adoption in emerging economies is expected to generate untapped opportunities for market participants.

The Global Smart Hospital Market is segmented based on Components, Services Rendered, Application, Connectivity, Artificial Intelligence, and Geography.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Smart Hospital Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Market Dynamics

Drivers

• Modernization of Healthcare Infrastructure
• Increasing Use of Smart Devices
• Development of IoT Technologies in Healthcare

Restraints

• High Cost of Connected Systems
• Lack of Management Buy-In

Opportunities

• Increasing Investments from Government
• Rising Adoption in Emerging Economies

Challenges

• Inability to Evaluate Technology Solutions

Companies Mentioned

• AdhereTECH
• Asensus Surgical
• Auris Health
• Barrett Technology
• Biocon
• Cerner Corporation
• Darvis
• Diligent Robotics
• Ekso Bionics
• GE Healthcare
• Hitachi
• Honeywell
• Intuitive Surgical
• KareXpert
• Medtronic
• Microbot Medical
• Microsoft
• Philips
• Practo
• Qualcomm
• Recare
• REIVR
• Renishaw
• Sanela Technologies
• Siemens
• SK Telecom
• Smith & Nephew
• Stereotaxis
• Stryker
• Titan Medical
• Zimmer Biomet Robotics
• Zyter

For more information about this report visit https://www.researchandmarkets.com/r/chkx80